Free Trial

GoCs Steady Ahead Of Upcoming Data

  • GoCs moving very much in line with Tsys since open except at the very long end, with GoCs little changed on the day.
  • Potential local drivers ahead with GDP implications from mfg/wholesale trade sales and price implications from existing home sales but very muted so far.
  • Data: Housing starts saw a beat in April but within the usual volatility of the series and driven by multi-units as single-detached starts edged lower. Starts remain above pre-pandemic levels, required to help ease demand-supply imbalances.

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.